TAX ON EARNINGS (Hansard, 30 July 1984)

HL Deb 30 July 1984 vol 455 c634WA 634WA

§ Lord Boyd-Carpenter
asked Her Majesty's Government:
What percentage of his earnings above £10,000, £15,000 and £20,000 a year will be retained after tax under the recent Finance Bill by a man whose earnings above these levels amount to £10,000 a year.

§ The Chancellor of the Duchy of Lancaster (Lord Cockfield)
Information is in the following table:

Percentage of the top slice of £10,000 of earnings retained after income tax ^'1'(1984–85)

Gross earnings Married men Single person

£20,000 68.6 67.4

£25,000 61.7 60.0

£30,000 53.8 52.7

^'1' assuming no reliefs or allowances other than the appropriate personal allowances.

Percentage of the top slice of £10,000 of earnings retained after income tax ^'1'(1984–85)
Gross earnings	Married men	Single person
£20,000	68.6	67.4
£25,000	61.7	60.0
£30,000	53.8	52.7
^'1' assuming no reliefs or allowances other than the appropriate personal allowances.